"CPEC has laid a good foundation for Pakistan's industrialization, modernization as well as interconnection with other countries," Wang said.

Miners in the country churned out 4.24 billion tons of coal during the first 11 months, up 2.9 percent year-on-year.

Russian mining and metals giant Nornickel has decided to join a project to build a plant producing stainless steel products in Russia, it said on Monday.

China will ensure high-quality implementation of the RCEP and accelerate the development of the China-ASEAN Free Trade Area 3.0, he added.

Countries such as Brazil, China, India and South Africa have expressed concerns.

Jan-Nov two-way trade consistent with previous year on effective policy.

Brazilian iron ore miner Vale announced that it has officially inaugurated the world's first iron ore briquette plant at itsTubarao Unit in Vitória.

This landmark collaboration signifies a convergence of industry expertise, with both entities set to harness their strengths for mutual advancement.